2022-03-05T08:51:56-06:00 2021-06-30 262182951 CRACE BEAM CPAS LLC 9763 WESTPOINT DRIVE INDIANAPOLIS IN 46256 990 2020-07-01 275096979 A PAY IT FORWARD SCHOLARSHIP INC APAY 7705390119 615 OAK ST STE F GAINESVILLE GA 30501 CARY SINNETT BOARD CHAIR 7705390119 2022-03-03 true CARY SINNETT 999009999 JASON L CRACE CPA P00358753 3179913322 2022-03-05 X 2020 2022-09-23 18:48:47Z CARY SINNETT 615 OAK ST STE F GAINESVILLE GA 30501 921931 false X WWW.PAYITFORWARDSCHOLARSHIPS.COM X 2011 GA PROVIDE TUITION SCHOLARSHIPS TO PRE-K THROUGH 12TH GRADE GEORGIA PRIVATE SCHOOL STUDENTS IN ACCORDANCE WITH GEORGIA HB 283. 5 5 2 0 904516 921931 0 0 0 904516 921931 664657 605666 0 139496 141874 0 39139 46063 47730 850216 795270 54300 126661 186951 281230 37760 5378 149191 275852 PROVIDE TUITION SCHOLARSHIPS TO PRE-K THROUGH 12TH GRADE GEORGIA PRIVATE SCHOOL STUDENTS IN ACCORDANCE WITH GEORGIA HB 283. false false 741898 605666 PROVIDE TUITION SCHOLARSHIPS TO PRE-K THROUGH 12TH GRADE GEORGIA PRIVATE SCHOOL STUDENTS IN ACCORDANCE WITH GEORGIA HB 283. 741898 true false false false false false false false false false true false false false true true true false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false true 0 0 2 true false false false false false false false false X 5 5 false false false false false false false true true false false true true true true true true true true false GA X X CARY SINNETT 7705390119 615 OAK ST STE F GAINESVILLE GA 30501 X AMBER ANDERSON BOARD MEMBER 1.00 X 0 0 0 JASON BUFORD BOARD MEMBER 1.00 X 0 0 0 JON GOINS BOARD MEMBER 1.00 X 0 0 0 SHANNON HORN BOARD MEMBER 1.00 X 0 0 0 CARY SINNETT BOARD CHAIR 40.00 X X 0 0 0 false false false 921931 921931 921931 605666 605666 130500 91350 10440 28710 11374 7962 910 2502 22609 19335 874 2400 4626 3239 369 1018 9846 6892 788 2166 3800 2660 304 836 1312 918 105 289 1653 1157 132 364 3884 2719 311 854 795270 741898 14233 39139 183412 279344 11768 9882 3539 1886 186951 281230 4996 27387 5377 5378 37760 5378 X 149191 275852 149191 275852 186951 281230 126661 X false true X true false X 740149 781301 909644 904516 921931 4257541 740149 781301 909644 904516 921931 4257541 4257541 740149 781301 909644 904516 921931 4257541 1.00000 1.00000 0.00000 0.00000 X 11768 9882 1886 1886 ACCRUED SALARIES 5378 5378 X 921931 921931 921931 795270 795270 795270 SCHEDULE D, PAGE 3, PART X INCOME TAXES THE INTERNAL REVENUE SERVICE HAS RULED THAT THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AS AN OTHER PRIVATE ORGANIZATION. THE ORGANIZATION IS ALSO EXEMPT FROM STATE INCOME TAX. THE ORGANIZATION FOLLOWS THE REQUIRENTS ASSOCIATED WITH UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD FASB ASC 740, INCOME TAXES. THE GUIDANCE PRESCRIBES A MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT METHODOLOGY THAT A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN IS REQUIRED BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. AS OF JUNE 30, 2020, THE ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION BEGAN OPERATION IN 2011, WITH FEW EXCEPTIONS, THE ORGANIZATION IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE, AND LOCAL INCOME TAX EXAMINATION BY TAX AUTHORITIES FOR YEARS BEFORE 2017. false SCHOLARSHIPS 632 605666 FORM 990, PAGE 6, PART VI, LINE 11B THE ORGANIZATION DISTRIBUTED A COMPLETE COPY OF FORM 990 TO ALL MEMBERS OF ITS GOVERNING BODY PRIOR TO FILING FORM 990 DURING A MEETING OF ITS GOVERNING MEMBERS. FORM 990, PAGE 6, PART VI, LINE 12C THE ORGANIZATION TAKES AN ANNUAL ATTESTATION OF ITS GOVERNING MEMBERS THAT REQUIRES GOVERNING MEMBERS TO DISCLOSE ANY PTOENTIALL CONFLICTS OF INTEREST. ANY DISCLOSED CONFLICTS MUST BE APPROVED BY THE GOVERNING BODY. FORM 990, PAGE 6, PART VI, LINE 15A IN 2012 THE GOVERNING BODY UNDERWENT A RESEARCH AND EXAMINATION PROCESS TO DETERMINE AN APPROPRIATE COMPENSATION MODEL FOR AN EXECUTIVE DIRECTOR POSITION. THIS PROCESS WAS REVIEWED AND APPROVED BY AN INDEPENDENT GROUP WITH EXPERTISE IN NON-PROFIT COMPENSATION, WHICH INCLUDED COMPARABILITY DATA AND CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION. IN 2013 THE GOVERNING BODY REVIEWED THIS INFORMATION TO CONFIRM ITS VALIDITY OVER TIME. FORM 990, PAGE 6, PART VI, LINE 15B COMPENSATION FOR ALL EMPLOYEES IS REVIEWED BY THE BOARD OF DIRECTORS, AND IS COMPARABLE TO OR LESS THAN INDUSTRY STANDARDS. FORM 990, PAGE 6, PART VI, LINE 18 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC DURING THE TAX YEAR ON DEMAND, VIA OUR WEBSITE AND VIA ELECTRONIC MEDIA. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.